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AIR PRODUCTS & CHEM
(APD-NYSE):
Technical Viewpoint: From a low
of $45.17 on Jan 30, 2002 prices
rallied, reaching a
high of $48.00
on Feb 11, 2002. A
decline saw prices pull back, reaching a
low of
$46.25 on Feb 21, 2002.
Another rally saw prices penetrate
resistance, closing 2/27/02
at $48.79. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 1, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $48.00. Resistance: Is at $49.00.
Point & Figure: Reversed to the upside on Feb 27, 2002. A P&F upside
reversal takes place at $47.00. Summary: Technical indicators have turned bullish. BUY! AIR PRODUCTS & CHEM
(APD-NYSE) @ $48.88 Stop: Use a protective stop of $46.25.
AIR PRODUCTS & CHEM is currently trading @ $48.79 plus $1.32 on Feb 27, 2002. Price Objective:
$59.00. Risk/Reward: $2.63 VS. $10.13. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$59.00
Risk/Reward:
$2.63 VS. $10.13
Risk/Reward Ratio:
4:1
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